Employees generally do not know much about the value and costs associated with the benefits provided by their employer. This is due, in large part, to ineffective communication by the organization with their employees. One typical communication method used by employers to overcome this problem is to provide personalized annual benefits statements to every employee. Which statement best describes the reason why issuing annual benefit statements to employees is an effective part of an annual benefit communication strategy?

It will help the employer convince the employees about the quality of the benefit program.

It helps the employees to see the $$hidden$-$paycheck$$ in terms of the dollar value of the benefits package.

Annual employee benefit statements are required as matter of Federal law.

Annual statements provide the employers with the chance to explain why benefits have been increased or decreased.